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Macdonald & Company

Managing Director of Investments (Co-GP & LP Capital)

Macdonald & Company, New York

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Managing Director of Investments (Co-GP & LP Capital)

This range is provided by Macdonald & Company. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$225,000.00/yr - $275,000.00/yr

Direct message the job poster from Macdonald & Company

Macdonald & Company is proud to be exclusively retained by a globally active real estate investment and development firm to appoint a Managing Director to lead its U.S. investment platform as part of a formal and strategic expansion across the region.

Our client operates internationally with a successful track record of delivering risk-adjusted returns across real estate private equity, development, and joint-venture strategies. With committed capital in place and a long-term mandate for growth, the U.S. business is poised for rapid institutional scale.

This is a rare opportunity to lead from the front, building partnerships, securing capital, and executing investments - while shaping the U.S. growth strategy for a well-capitalized, entrepreneurial platform.

Role Overview

Based in South Florida, the Managing Director will be responsible for building and scaling the firm’s U.S. real estate platform with dual accountability:

  • Buy-Side: Sourcing, structuring, and executing joint venture real estate investments with development and operating partners.
  • Sell-Side: Raising capital from a curated network of institutional investors, family offices, and private wealth platforms.

Reporting directly to global leadership, the MD will have the autonomy to build and lead a lean, high-performing team and act as a key strategic voice in platform direction.

Key Responsibilities

  • Investment & JV Origination
    • Develop and lead a scalable investment strategy targeting value-add and opportunistic opportunities.
    • Source and underwrite transactions through joint ventures, typically operating as co-GP alongside execution-proven partners.
    • Manage the full deal lifecycle, from origination to closing, through to asset oversight.
    • Evaluate investments based on execution certainty, risk-return profile, and potential for platform-scale impact.
  • Capital Formation & Investor Management
    • Lead capital raising efforts for both deal-by-deal and platform-level initiatives.
    • Cultivate and grow a network of institutional LPs, family offices, and private investors.
    • Present opportunities in a sophisticated, data-driven manner to drive alignment and long-term relationships.
    • Coordinate with international teams to attract cross-border investment and co-investment interest.
  • Leadership & Platform Development
    • Recruit, mentor, and manage a focused team across investment and capital functions.
    • Champion a culture of entrepreneurial accountability, integrity, and performance.
    • Represent the platform in the market—building relationships with partners, advisors, and broader industry stakeholders.

Candidate Profile

  • Experience: 10–15+ years in real estate private equity, investment, or development, with a strong record of joint venture deal execution.
  • Co-GP Familiarity: Deep experience structuring co-GP transactions and working with local operating partners.
  • Capital Raising: Demonstrated success in raising LP equity from institutional and private capital sources.
  • Execution Track Record: Proven ability to manage complex deals from underwriting through closing and beyond.
  • Leadership & Strategy: Strategic thinker and effective team leader with commercial instinct and disciplined judgment.
  • Technical Capability: Advanced skills in underwriting, capital structuring, Excel, and Argus.
  • Location: Must be based in, or willing to relocate full-time to West Palm Beach or Miami, Florida.

Seniority level

  • Director

Employment type

  • Full-time

Job function

  • Finance, Management, and Project Management

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